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it's a national issue because it keeps people from moving to where jobs are. http://neighborhoodeffects.mercatus.org/2017/01/26/why-the-lack-of-labor-mobility-
by nerfhammer 8y ago
it's a national issue because it keeps people from moving to where jobs are.
http://neighborhoodeffects.mercatus.org/2017/01/26/why-the-lack-of-labor-mobility-in-the-u-s-is-a-problem-and-how-we-can-fix-it/ http://neighborhoodeffects.mercatus.org/2017/01/26/why-the-l...
- Spooky23 8y agoThen the jobs will move to where the people are. A community near me is booming because telecommuting makes it practical to commute to NYC by train twice a week. Eventually that will lead to new business and economic activity. We shouldn’t be screwing up property rights everywhere because tech companies are too stupid and have too much dumb money to geographically diversify and prefer to pay too much for talent instead.
- brm 8y agoOut of migratory curiosity, what community?
- Spooky23 8y agoThe one my friend was telling me about recently was Catskill, NY. It’s about 30-40 minutes south of Albany. Some of the market attracted to Columbia County is crossing the river. It’s a struggling area with a lot of nice cheap property, both in and out of town. The Hudson Amtrak is about a 15 minute drive and 2-2.5 hour trip to Manhattan. IMO Upstate once you get out of the Hudson Valley is relatively cheap and nice.
- nerfhammer 8y agoWhat property rights are violated by blocking an apartment building from being built on a vacant lot? The rights of the owner of the vacant lot.
- pcwalton 8y agoIt doesn't work like that. Stockton and Tracy aren't magically experiencing a jobs boom because we forced all the poor people to move there.
- Spooky23 8y agoNo, that region is over cooked and at capacity. IBM, GE and other legacy technology companies demonstrated in their heyday that you can run engineering organizations in all sorts of places. Mainframe tech was done in Binghamton, Kingston, and Vermont of all places.